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USDC circulation decreased by 600 million in the past week

According to data from the Circle official website, Golden Finance reported that Circle issued a total of 1.2 billion USDC and redeemed 1.8 billion USDC in the past seven days, reducing the circulation by 600 million USDC. As of November 2nd, the total circulation of USDC was 24.4 billion, with a reserve of 24.5 billion US dollars, including 1 billion US dollars in cash, and the Circle Reserve Fund held 23.5 billion US dollars.

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  • USDC circulation decreased by 800 million in the past 7 days

    Circle issued 2.4 billion USDC and redeemed 3.2 billion USDC within the past 7 days, resulting in a decrease of 800 million in circulation. The total circulation of USDC is 32.1 billion US dollars, with reserves of 32.2 billion US dollars, of which 3.3 billion US dollars are in cash and the Circle Reserve Fund holds 28.9 billion US dollars.

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